Manage your assets with ease and precision using Asset Management Software from Salis ERP. The system helps you manage the entire asset lifecycle — starting from planning and acquisition, through operation and maintenance, and ending with depreciation or disposal.
You can register an unlimited number of assets, including asset name, cost, description, book value, and other essential details.
The system provides complete tracking of all asset activities such as revaluation, transfer, inventory, write-off, and sale. It also helps protect assets by scheduling maintenance, assigning maintenance staff, calculating costs, predicting potential failures, and preventing them before they occur.
Salis ERP supports multiple asset depreciation methods, including straight-line, declining balance, and sum-of-the-years’ digits. It also enables fast asset inventory processes and automatically records all asset movements into accurate accounting entries, with a hierarchical structure that clearly displays all asset details.
This allows you to review the balance sheet and financial position statements, while benefiting from full integration between all ERP modules and detailed reports covering every stage of the asset lifecycle.
Asset Registration
Register an unlimited number of fixed and current assets using the Asset Management Software, including all asset details such as name, description, value, depreciation method, and total cost — covering base price, shipping, taxes, transportation, installation, and more.
The system also allows you to link each asset to different business locations and cost centers, generate a unique serial number for every asset, and assign a responsible employee for full asset control.
With comprehensive reports, you can track each asset and view all related transactions with dates and details, regardless of asset status — whether active or fully depreciated. This enables you to forecast the asset’s future and remaining useful life, review its expenses, and compare costs against productivity over a specific period.
Planning in Asset Management Software
The ERP Asset Management System helps you plan the entire asset lifecycle, starting with capital allocation and asset acquisition procedures, then operation and performance tracking.
It also includes recording all asset movements, scheduling maintenance, ensuring operational efficiency, and finally determining the appropriate depreciation method, sale, or transfer of the asset.
Asset Movements
Assets undergo multiple actions throughout their lifecycle, starting from purchase and registration, including installation, maintenance, transfer, revaluation, inventory, write-off, sale, and depreciation.
The Asset Management Software for Businesses helps you manage all these asset movements accurately and efficiently, giving you better control over asset values and enabling you to calculate profits and revenues for specific periods by recording all transactions as precise accounting entries.
Asset Maintenance
Regular asset maintenance plays a critical role in extending asset lifespan and increasing productivity. The Enterprise Asset Management Solution supports maintenance management as a core stage of the asset lifecycle.
This includes scheduling maintenance tasks, recording costs, allocating financial reserves for repairs, and sending automated maintenance reminders via system notifications or email.
The system also allows you to assign maintenance staff, track their performance, improve asset efficiency, assess risks, and shift from reactive maintenance to predictive maintenance — helping prevent failures before they occur and extend asset operating life.
Asset Inventory in the Asset Management System
Manage asset inventory quickly and accurately using the Asset Management System in ERP, which supports all types of asset inventory processes, committee formation, and inventory templates.
The system also generates and documents inventory lists, compares them with physical assets on site, and updates accounting records — enhancing financial control, transparency, and credibility.
Asset Depreciation
The Asset Management Software provides multiple depreciation methods for fixed assets, either automatically or manually, in line with your business goals and requirements. These include straight-line, declining balance, sum-of-the-years’ digits, and units of production.
You can define the depreciation method, duration, and cost, after which the system automatically calculates and records depreciation periodically throughout the asset lifecycle.
Salis ERP also supports depreciated and retired assets, providing detailed depreciation data such as asset cost, useful life, depreciation rate, salvage value, and depreciation expenses.
Assets & Accounting Entries
The Asset Management Software enables accurate and easy management of asset accounting entries across all asset states and movements.
This starts with recording purchase entries — increasing asset accounts and reducing cash or bank accounts — and includes other entries such as asset revaluation, depreciation, asset disposal, and asset sale.
Salis ERP also provides a hierarchical accounting structure for each asset, displaying all related details and transactions, including payment and receipt vouchers.
Reports in Asset Management Software
The Asset Management Software offers a wide range of detailed reports, most notably asset reports that allow you to track your assets and review all related movements.
These reports help you manage assets efficiently, maximize utilization, extend operational life, predict depreciation timelines, and make informed decisions such as selling, transferring, or revaluating assets at the right time.
Reports include asset registers and data, asset movements, active assets, depreciated assets, asset depreciation, asset maintenance, asset age analysis, asset accounting entries, asset inventory reports, and more.
Salis ERP System Integration
Completing the asset lifecycle requires seamless integration between multiple departments, especially purchasing, production, maintenance, sales, and accounting — all of which are fully integrated within Salis ERP.
The system enables secure sharing of asset data with relevant stakeholders such as owners, responsible employees, and production and maintenance teams, resulting in more efficient asset management and higher productivity.
